Given they're paying the Mocka earn-out early, I don't think so. We also don't know what trade is like during lockdowns, but JBH and AX1 tell us to expect a 10-20% drop in revenues. Not sure ADH will be the same given it's strong online presence, but who knows.
This may be softened a little by the construction boom and subsequent purchases of household items.
Nevertheless, this sort of government policy can't last forever.
Jun'21 Trading Update, page-82
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Last
$2.36 |
Change
-0.020(0.84%) |
Mkt cap ! $414.9M | |||
| Open | High | Low | Value | Volume |
| $2.38 | $2.38 | $2.29 | $1.889M | 804.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1252 | $2.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 26432 | 3 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ADH (ASX) Chart |